Is the NFT art scene big enough for two Western-themed art styles? A recently-launched NFT collection titled “Outlaws” has some collectors saying its creative approach treads a bit too close to the work of artist Jeremy Booth. A collection of 10,000 profile picture (PFP) NFTs, Outlaws’ public mint took place last Wednesday where collectors could mint the digital collectibles for…
Month: April 2023
BIS Project Sparks Controversy Among Critics; Lynette Zang Warns of Dangers of CBDCs – Featured Bitcoin News
During the weekend, discussions about central bank digital currencies, or CBDCs, trended on social media as many people believe the idea will result in increased financial surveillance and a totalitarian monetary system. In a recent interview, Lynette Zang, the chief market analyst at ITM Trading, warned that CBDCs will “take the world into a full surveillance economy that can be…
Elon Musk reaffirms AI’s potential to destroy civilization
Speaking about artificial intelligence’s potential for civilizational destruction, Musk said, “Anyone who thinks this risk is 0% is an idiot.” Source: https://cointelegraph.com/public/index.php/news/elon-musk-reaffirms-ai-s-potential-to-destroy-civilization
Lessons on Fractional Reserve Banking From 15th Century Italy – Featured Bitcoin News
Amid the banking chaos of the 21st century, some are looking back more than 600 years ago, to the Medici Bank — one of the most powerful banks of its time. It established its business and became one of the most respected banks in Europe during its prime, and the prominent Italian family of bankers were early adopters of fractional…
Hundred Finance loses $7 million in Optimism hack
Multichain lending protocol Hundred Finance has experienced a significant security breach on the Ethereum layer-2 blockchain Optimism. According to the protocol on Twitter, the losses sit at $7.4 million. Hundred Finance announced the exploit on April 15, saying it had contacted the hacker and was working with various security teams on the incident. Although the protocol didn’t reveal how the…
Sotheby’s relaunch Glitch digital art sale, newbie gamer uncovers $49K NFT and more
After considering diversity concerns, Sotheby’s has relaunched its Glitch digital art sale. Source: https://cointelegraph.com/public/index.php/news/sotheby-s-relaunches-glitch-digital-art-sale-noob-strikes-it-rich-uncovering-45k-nft-and-more
With Close to 10 Billion Stablecoins Redeemed, BUSD’s Supply Drops to Lowest Level Since April 2021 – Altcoins Bitcoin News
Statistics recorded on April 15, 2023, show that the number of coins in circulation for the stablecoin BUSD dropped below the 7 billion range to 6.68 billion, marking the lowest number of BUSD in circulation since April 2021. Furthermore, data indicates that the supply of BUSD has shrunk by 19.8% over the past 30 days. BUSD Stablecoin Supply Hits Lowest…
5 tips for landing a tech job
In today’s tech industry, there is a high demand for professionals with expertise in fields such as artificial intelligence, data science, cybersecurity, and cloud computing. Companies are seeking individuals with a combination of technical and soft skills, including strong communication, problem-solving, and collaboration abilities. Here are five tips to land a tech job. Build a strong online presence In the…
Shapella Upgrade Hits, Economist Predicts Biggest Crash ‘in Your Lifetime,’ US Bank Lending Plummets — Week in Review – The Weekly Bitcoin News
In crypto news this week, the Ethereum network’s long awaited Shapella upgrade took effect, unlocking staked ether. In the broader financial world, economist Harry Dent has predicted a massive crash to hit by mid-June, bank lending plummeted by a record $105 billion in two weeks, and the USD’s ability to maintain its value even in the short-term has once again…
Do Kwon’s Terraform Sent $7 Million to Law Firm Before Collapse, Report Unveils – Bitcoin News
Prosecutors investigating failed blockchain firm Terraform Labs have found out that its Singapore office sent millions of U.S. dollars to lawyers just before the crash of its cryptocurrencies. According to Korean media, the transfers suggest that co-founder Do Kwon was aware of the imminent collapse. Terraform Labs Transferred Large Amounts of Money to South Korean Law Firm Prior to Crash…